The other type is where the solar company is your retailer and manages both the import and export of electricity. Any company that pays more than 15c/kW for its performance and has a constant daily charge should consider solar electricity. For other companies that pay less but have sustainable development goals, they should also think seriously about solar energy. What is the comparison between direct ownership of the table and the financing costs associated with the benefits of the table, which go directly to OPEX costs from day one, with the costs and risks associated with an electricity purchase contract? The energy on our part takes precedence over high-power energy, which has travelled long distances with great losses. Some of it is produced from coal. You stay connected to the grid as a backup. Increasingly, we see that the owners are installing solar installations as another source of income. By investing in solar electricity, the owner can resell the electricity to his tenants. In many cases, they are able to return on their investment from day one. As global business becomes more environmentally friendly, our customers are increasingly interested in getting electricity from green sources. This movement was originally led by high-tech companies in the United States and Europe, and with the arrival of Microsoft`s data center in New Zealand, it seems likely that a similar trend will occur here.
New Zealand`s share of renewable electricity is significant – but only 40% of primary supply comes from renewable sources. For many companies, therefore, the management of electricity from the grid does not fulfil their internal or external obligations in terms of sustainable development. The benefits of AAEs will be discussed in more detail in our next article. AAEs also help companies meet their sustainable development commitments. In 2019, nearly 400 companies around the world have said they are ready to set scientifically based targets based on their environmental commitments, more than doubling the total number of companies with such goals. Direct agreements with renewable energy facilities allow companies to verify the renewable energy source and their contribution to the development of a specific project. This is why AAEs are an essential part of the energy strategies of many RE100 www.there100.org/ companies that want to be additional in their green contributions. Many of our customers simply purchase a commercial solar power plant that we design and install.
Meeting between the parties to go through the price of electricity, and the locations for the panels. After the agreements are concluded, we will install the solar modules at our own expense. Given similar spikes in market volatility in other countries, longer-term market coverage against electricity prices has been attractive to a number of our customers. When the spot price during a billing period exceeds the strike price set by the AAEs, the alternator pays the excess to the buyer for the electricity produced during that period; and private Wire PPAs, unlike physical PPAs, address the transfer of electrification directly from the generator installation to the company`s purchaser, instead of being conceptually directed by a national electrical grid.